Our Stocks to Watch today include Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP), Avitar Inc. (OTCBB:AVTI), Security With Advanced Technology, Inc. (NASD: SWAT), Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO), Technical Communications Corporation (OTCBB: TCCO), Location Based Technologies, Inc. (OTCBB: LBAS)
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RENHUANG PHARMACEUTICALS (OTCBB: RHGP)
"Up 12.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/RHGP.php
Company Profile: http://www.otcpicks.com/renhuang-pharma/renhuang-pharma.htm
Renhuang Pharmaceuticals, located in Harbin of Heilongjiang Province in Northeast China, is a leading integrated developer, manufacturer and distributor of a broad line of high-quality nutraceutical, natural medicinal and bio-pharmaceutical products. The Company provides three major product lines including the Acanthopanax-based natural medicinal products, Shark Power Health Care series and Traditional Chinese Medicines. Renhuang's key product line is Acanthopanax-based products, an effective natural medicine in treating depression and melancholy and offering various other health benefits. By controlling an estimated 70% of China's natural resource of Acanthopanax (also known as Siberian Ginseng), the Company has a dominant market position in Acanthopanax-based natural medicines. The Company distributes its products through a multi-layer sales network of over 2000 sales agents. Its products are not only sold nationwide but also exported to Russia and Southeast Asia. Renhuang has established a multi-channel research and development infrastructure composed of in-house researchers, a post-doctoral working center, and collaboration with well known institutions and scientists. In manufacturing, the Company strictly follows the international GMP certified quality standards and system by utilizing cutting-edge technologies, the state of the art equipment, and the proprietary innovative and award winning processes. For more information about Renhuang Pharmaceuticals, visit www.renhuang.com.
RHGP News:
December 3 - Renhuang Pharmaceuticals Wins Olympic Year Prime Time Ad Space on CCTV
Renhuang Pharmaceuticals, Inc. (OTCBB: RHGP) ("the Company") has bought prime time advertising slots in Central Chinese Television’s (CCTV) 2008 “Gold Ad” auction, following two of the national television network’s most heavily watched programs. The 7.5-second and 15-second air times follow CCTV’s evening news and the newsmagazine show, “Topics in Focus,”both of which are top-rated television programs in China. Both ad slots will feature Renhuang’s Ginseng and Deer Ointment product. The Company expects sales of this product to grow significantly as a result of advertising on CCTV prime time spots in the Olympic year.
“We are extremely pleased to have won the bid and look forward to promoting Renhuang products next to two of CCTV’s most popular programs,” said Jingwang Lou, general manager of sales and marketing for Renhuang Pharmaceuticals. “The exposure will build brand awareness for our products throughout China, and increase our visibility on the global basis.”
Mr. Lou said securing prime time media space was a strategic move on Renhuang’s part. “We see this as a great opportunity for Renhuang. Investing in sales and marketing is an important part of our growth strategy. We expect prime time advertising during the 2008 Beijing Olympic Games will give us international as well as domestic exposure.”
TV is the most effective media for advertisement in China. CCTV has China’s highest viewer ratings and is also broadcast internationally through sharing with other networks. In recent years, CCTV’s Gold Ad auctions for prime time advertising space have become increasingly competitive as more and more businesses select CCTV as their first media choice to promote their products. “This is the first time Renhuang has participated in the bidding process, and winning these two coveted advertising spots is a real coup,” noted Mr. Lou.
One of Renhuang’s Gold Ad spots is slated to follow the CCTV News immediately preceding the network weather forecast. “This spot has huge viewer ratings and gives us tremendous visibility and prestige,” Mr. Lou said. “This is possibly the single best time slot on Chinese TV in terms of audience reach and marketing effectiveness.”
The second gold time slot will follow the program “Topics in Focus,” an influential newsmagazine with a wide viewer following. Additionally, with special programming coverage during the 2008 Beijing Olympic Games, the “Topics in Focus” media space may provide even greater audience penetration.
AVITAR INC (OTCBB: AVTI)
"Up 15.00% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/AVTI.php
Avitar, Inc., through its subsidiaries, engages in the development, manufacture, marketing, and sale of diagnostic test and hydrophilic polyurethane foam applications for medical, diagnostics, dental, and consumer use in the United States. It offers ORALscreen 4 and ORALscreen DRUGOMETER, the oral fluid-based onsite assay systems, for detecting drugs of abuse, such as opiates, including heroin, morphine, codeine, and synthetic opiates comprising oxycocone-oxycontin, percoset, and hydrocodone-vicodin; cocaine, such as crack; marijuana; and methamphetamines, including meth and ecstasy. The company also provides contraband detection services by using trained dogs to detect the presence of contraband items in schools, cruise ships, warehouses, and other commercial entities. In addition, Avitar offers foam disposable products comprising medical-grade hydrophilic polyurethane foam disposables, such as wound dressings for exudating wounds; and custom foam products, including Illizarov Dressing used for dressing external bone fixators in orthopedic procedures and a device used by astronauts for relieving ear pressure. The company sells its products and services to employers, diagnostic test distributors, medical supply companies, governmental agencies, schools, and corporations through direct sales force and strategic partners, as well as through a network of distributors. Avitar was founded in 1986 and is based in Canton, Massachusetts.
AVTI News:
December 3 - Avitar Aims to Increase Its Share of $1.5B Diagnostic Market
Avitar Inc. (OTCBB:AVTI) ("AVTI"), manufacturers of nationally branded oral fluid testing diagnostic devices and customized polyurethane applications used in wound dressings, announced today that, because of a recent GAO study of the Department of Transportation urine-based testing procedures and their high rate of failures, the patented Avitar ORALscreen(R) technology will quickly gain favor. Drug abuse remains a major problem in the transportation sector, as well as construction, manufacturing, hospitality, and retail, due to the limitations associated with urine-based drug testing.
Peter Phildius, Avitar's Chairman and CEO, discussed the GAO study. "We believe that the door is now open wide for us to capture a large segment of the estimated $1.5B drug testing market. We are already selling to several cross-sector industry leaders, (Best Buy, Del Monte, Hilton, Sheraton and ADM), as well as small- to mid-sized companies that are receiving multiple benefits, such as lower employee turnover, higher quality workforce, and reductions of up to 50% in their accident rates. There is no competitive product to our ORALscreen(R) instant on-site testing device which detects prescription pain relievers such as Oxycontin(R) and Percoset(R), as well as other commonly abused substances in 15 minutes or less."
Being relatively unknown for the past six years, the Company looks to 2008 as a banner year for rapid expansion into all segments of the drug testing market. The Company has hired a PR firm to begin "telling our story", elevating investor awareness and shareholder value.
SECURITY WITH ADVANCED TECHNOLOGY (NASD: SWAT)
"Up 43.58% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/SWAT.php
International Building Technologies Group, Inc. engages in the manufacture and sale of building panels used in construction worldwide. It also provides site planning, architectural and engineering services, contractor services, materials, equipment, training, and supervision. The company is based in Alameda, California.
SWAT News:
November 30 - Security With Advanced Technology Confirms Investor Conference Call Details to Discuss Current Developments, Updates and Financial Results
Management to Discuss Divisional Focus, Product Updates and Financial Overview
Security With Advanced Technology, Inc. (NASD: SWAT), an emerging provider of security products and services, confirmed its conference call to discuss its current operations and focus, product developments, marketing initiatives and current financial results.
Management will conduct a conference call at 2:30 p.m. Mountain Standard Time (MST) on Monday, December 3, 2007. Callers will be able to ask questions at the conclusion of the call. Persons wishing to participate should call in the U.S./Canada: (866) 328-4270; International: (480) 629-9564, and use Conference ID #: 3813602. For interested persons unable to join the conference call, a replay of the call will be available through December 5, 2007, after the call by dialing in the U.S./Canada: (800) 406-7325; International: (303) 590-3030, and use Conference ID #: 3813602.
CARGO CONNECTION LOGISTICS HOLDINGS (OTCBB: CRGO)
"Up 23.53% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/CRGO.php
The Company, through its subsidiaries Cargo Connection Logistics Corp. and Cargo Connection Logistics International, Inc., is a leader in world trade logistics. The Company headquarters is in Inwood, NY, and it also has offices in Atlanta, GA; Charlotte, NC; Chicago, IL; Columbus, OH; Miami, FL; New York, NY; Pittsburgh, PA.; and San Jose, CA. Headquartered adjacent to JFK International Airport, the Company is a transportation logistics provider for shipments imported into and exported out of the United States, with service areas throughout the United States and North America. The Company currently provides a comprehensive variety of transportation and warehouse capacity services to shippers throughout the nation. It also operates a bonded General Order warehouse in New York and Container Freight Station operations, which are specifically designed to handle internationally arriving freight for major retail suppliers through its facilities in Florida, Georgia, Illinois, New York and Ohio. Cargo Connection Logistics' website is www.cargocon.com.
CRGO News:
November 30 - Cargo Connection Logistics Holding, Inc. Enters Into $3 Million Factoring Agreement With Wells Fargo Business Credit
Company Provides Loan to Fleet Global Services and Resolves Dispute With Miami Landlord
Cargo Connection Logistics Holding, Inc. (OTCBB: CRGO) (Berlin: CD6.BE) (Frankfurt: CD6.F) (Frankfurt: 217026.F) announced several developments that it expects should have a positive impact on the Company.
The Company has entered into an account transfer agreement with WelIs Fargo Business Credit ("WFBC") pursuant to which WFBC will serve as a factor to the Company's subsidiary, Cargo Connection Logistics Corp. ("Cargo Connection") by purchasing up to $3 million of Cargo Connection's accounts receivable. Cargo Connection also entered into a buyout agreement with WFBC and its previous factor, Accord Financial, Inc., pursuant to which WFBC succeeded to Accord Financials' security interest.
"We expect that this new factoring agreement, which increases our factoring capacity, will save the Company a significant amount of money and provide a bigger base for customer expansion," said Scott Goodman, CFO & COO of Cargo Connection Logistics Holding, Inc. "It is further evidence of our continuing efforts to create a more stable financial base to help achieve our short- and long-term goals."
The Company also said it has loaned Fleet Global Services, Inc. ("Fleet") $300,000 and has received from Fleet a one-year promissory note bearing an annual interest rate of 11 percent. The Company is continuing to work toward finalizing an acquisition of Fleet pursuant to a previously announced letter agreement (the "Letter Agreement"). According to the terms of the Letter Agreement, upon closing the Company would be required to pay $1 million in cash, issue 270 million shares of restricted common stock and issue additional shares valued at 10% of the EBITDA of the Company's new Fleet division for a two-year period. The Company expects that amount of the Note would be applied toward the cash portion of the purchase price.
The Company expects that Fleet, a non-asset based carrier company which it believes was considered to be the cornerstone of Fulmer Logistics' Carrier Division, of which Fleet was once a subsidiary, will add up to approximately $25 million or more in revenue to Cargo Connection. The Company expects that when the acquisition is completed, of which no assurance can be given, the combined business would have anticipated annual revenues in excess of $50 million in 2008. In addition, the Company expects synergies that will be accomplished through the addition of Fleet will favorably impact the Company's operating profitability.
Additionally, the Company said it has entered into an agreement resolving a dispute with the landlord of its Miami facility, AMB HTD Beacon Centre, LLC.
"We anticipate that each of these developments will have positive impact on the growth and development of the Company and further enhance shareholder value," said Goodman. "We're working very hard to secure additional financing and are hoping to close the Fleet acquisition as soon as practical."
TECHNICAL COMMUNICATIONS CORPORATION (OTCBB: TCCO)
"Up 3.96% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/TCCO.php
TCC designs, manufactures, and supports superior grade secure communications systems that protect highly sensitive information transmitted over a wide range of data, voice and fax networks. TCC’s security solutions protect information privacy on every continent in over 100 countries. Government agencies, militaries, financial institutions, telecommunications carriers and multinational corporations worldwide rely on TCC to protect their communications networks.
TCCO News:
November 30 - Technical Communications Corporation Reports Profitable Results for the Fourth Fiscal Quarter and the Year Ending September 29, 2007
Technical Communications Corporation (OTCBB: TCCO) announced its results for the fiscal quarter and year ended September 29, 2007. For the quarter ended September 29, 2007, the Company reported net income of $543,000, or $0.39 per share, on revenue of $1,751,000, as compared to net income of $54,000, or $0.04 per share, on revenue of $845,000 for the quarter ended September 30, 2006. For the year ended September 29, 2007, the Company reported revenue of $4,920,000 and net income of $846,000, or $0.62 per share, as compared to revenue of $3,897,000 and a net loss of ($94,000), or ($0.07) per share, for fiscal 2006.
During fiscal 2007, the Company adopted the provisions of SFAS No. 123R, which requires the recognition of stock-based compensation in net income for the period. As a result, included in net income for the year ended September 29, 2007 is a non-cash expense of $100,000, or $0.07 per share for stock-based compensation. The Company elected to adopt the provisions of SFAS No. 123R on a prospective basis; therefore, no corresponding expense has been reflected in fiscal 2006.
Commenting on corporate performance, Carl H. Guild, Jr., President and Chief Executive Officer of TCC said, “Revenues in the fourth fiscal quarter improved substantially, driven by significant shipments of TCC’s DSP9000 radio encryptors to South America and Southwest Asia. In South America, TCC continues to expand upon its installed base with a 50 system DSP9000 shipment to a major user who is increasing its air-to-ground secure communications deployment. The DSP9000 system is unique in that it creates an end-to-end secure voice network between vehicle, man-pack, aircraft, ship and commanders’ offices using a wide variety of radios. We believe the DSP9000 Radio Encryptor System is ideally suited for emerging border control deployments being planned in South America and elsewhere. TCC continues an intensified marketing effort of both its radio and wireless products to the growing number of Central and South American countries that are investing in secure communications.”
Mr. Guild continued, “In the Southwest Asia region, Afghanistan continues to expand its demand for secure communications. As previously reported, in the fourth fiscal quarter of 2007 TCC received a $1.4 million order for DSP9000 handset encryptors which will provide end-to-end voice security for both portable and fixed-base radios. Deployment of the TCC DSP9000 radio encryption system enables the Afghan, NATO and U.S. forces to communicate securely across the entire country. TCC’s family of radio encryptors provides a robust, highly reliable security solution for most radio systems operating in the HF, VHF and UHF bands and is a popular choice for achieving interoperability between a variety of radio brands.”
LOCATION BASED TECHNOLOGIES (OTCBB: LBAS)
"Up 54.55% in morning trading"
Detailed Quote: http://www.otcpicks.com/quotes/LBAS.php
Location Based Technologies is a wireless technology company developing a consumer-oriented personal locator combining GPS and existing wireless technology. Its initial product will be known as PocketFinder. The PocketFinder is being designed to give parents the ability to locate a child carrying the device through the Internet, a mobile phone, or their regular phone. The device is small, rugged, water tight, and will have application for children, elderly parents, pet parents, and for the tracking of valued personal property. For further information about the company, see www.locationbasedtech.com.
LBAS News:
December 2 - Location Based Technologies Provides Information in Response to the Surprise www.gizmodo.com Article Released on November 29
Location Based Technologies, Inc. (OTCBB: LBAS) is in the final product development and engineering testing stage of the PocketFinder™ GPS based personal location device. PocketFinder™ devices are personal location devices designed to optimize the lives of parents, guardians and pet owners.
PocketFinder™ devices are small, rugged and water tight. It is the size of an Oreo™ cookie and weighs less than two ounces. The expected primary market evolved from the desire of parents to ensure the safety and well-being of their children. Secondary markets are expansive and include medical and elder care providers, campers, hikers, backpackers, adventure seekers, extreme sports enthusiasts, and pet owners.
It is not only the device’s GPS and wireless technologies that differentiates the product(s) from the competition. It is also the proprietary software that transforms available technologies into an intuitive and user-friendly interface that offers greater value, capabilities, and convenience to the customer.
Since 2002, IDC research has consistently shown very high levels of consumer interest in location based services – especially in family/friend locator devices. Drawing from recent census information, there are over 37,000,000 children in the 5- to 13-year-old market segment in the United States with an additional 4,000,000 in the prime focus areas in Canada. The European Community has an additional 42,500,000 children in this primary age group. This represents a target market of more than 109,200,000 potential customers in the focus age group.
LBAS products and service will offer wireless network coverage throughout North America utilizing the largest GSM carrier network in the United States and Canada. The personal locators have the ability to operate seamlessly on the networks of 290 wireless providers in over 130 countries and to work on any GSM network in the world.
The company expects revenues to be based on the following sales and revenue sources: PocketFinder personal locator device sales from mass retailers; the PocketFinder website; and Affinity groups. Sales of device accessories and monthly re-occurring service fees and potential licensing fees will provide additional revenue.
In our ever-mobile society, it helps to know where we are and where we are going. Due to the demands of families with dual earners, and the number of single parent homes, many children are left without a parent home during the day. Parents in those situations desire the ability to know where their children are and where they are going.
Key elements of the PocketFinder include:
An attractive device retail price with a minimal basic monthly service fee to match the mass market’s expectations
User-friendly web interface
Rugged design that meets the rigors of an active child
Waterproof and handles weather extremes of heat and cold
Visit www.locationbasedtech.com for more information.
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